- Meanwhile raised $82 million in new funding, led by Bain Capital Crypto and Haun Ventures.
- The company provides life insurance, annuities, and savings products denominated in Bitcoin and regulated in Bermuda.
- The latest round brings Meanwhile’s total 2025 capital to $122 million, building on previous investment.
- Investors from both traditional finance and crypto participated, signaling increased interest in Bitcoin-based financial products.
- Other crypto insurance efforts like Tabit, Nayms, and Ensuro highlight growth in digital asset insurance solutions.
Meanwhile, a Bitcoin-focused life insurance provider, secured $82 million in funding on Tuesday. The fundraising round was led by Bain Capital Crypto and Haun Ventures, as the company aims to address growing demand for retirement and savings products tied to Bitcoin value.
The company, which operates under regulation by the Bermuda Monetary Authority, offers products such as life insurance, annuities, and insurance bonds for both individuals and institutions. All policies, including premiums and claims, are managed in Bitcoin. Other participants in the funding round include Apollo, Stillmark, and Northwestern Mutual Future Ventures.
This latest investment increases Meanwhile’s total 2025 funding to $122 million, following an earlier $40 million Series A led by Framework Ventures and Fulgur Ventures. According to CEO Zac Townsend, investor interest across traditional and crypto finance shows, “both domains see Bitcoin as a foundational asset for savings, protection, and intergenerational wealth transfer.” Townsend also said he expects that as regulation advances, “insurers and reinsurers to treat Bitcoin as a complement to sovereign fixed income.”
Investors in Meanwhile believe a Bitcoin-based economy will require new, long-term financial products. Chris Ahn, a partner at Haun Ventures, stated, “Just as the US economy was built on insurance, pensions, and mortgages, the Bitcoin economy will require its own long-duration financial products.”
The digital asset insurance market is expanding. Meanwhile launched in June 2023 with $19 million in seed funding, including support from OpenAI CEO Sam Altman and Gradient Ventures. In March 2025, Barbados-based insurer Tabit raised $40 million in Bitcoin reserves to back traditional insurance policies, claiming to be the first in its sector to hold all regulatory reserves in Bitcoin.
Other platforms are emerging, such as Nayms, which connects insurance brokers and underwriters with digital asset capital, and Ensuro, a blockchain-based reinsurer allowing decentralized finance (DeFi) investors to take on insurance risk. These developments point to broader efforts to build financial infrastructure for the growing digital asset sector.
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